Startups

SF Calls Reports of Investment in Ride-Hailing Provider Yidao Yongche Rumor

SF Calls Reports of Investment in Ride-Hailing Provider Yidao Yongche Rumor

SF Calls Reports of Investment in Ride-Hailing Provider Yidao Yongche Rumor

Jun 14, 2018
Xu Wei
Clinical Drug Research Data Sharing Platform Gets USD15.6 Mln in Boost to Pharma Industry

Clinical Drug Research Data Sharing Platform Gets USD15.6 Mln in Boost to Pharma Industry

Chinese clinical research data sharing and trading platform Yao Yanshe raised nearly CNY100 million (USD15.6 million) in A round of…

Jun 13, 2018
Xu Wei
USD18 Million Weijie Nets in B-Round Will Fuel Its Last-Mile Deliveries

USD18 Million Weijie Nets in B-Round Will Fuel Its Last-Mile Deliveries

Chinese business-to-business (B2B) intracity delivery startup Xiamen Weijie Urban Delivery has completed its CNY116 million (USD18 million) B-round funding, it…

Jun 13, 2018
Chen Shanshan
Haishangxian Hauls In USD31 Million to Better Connect Fishermen With Distributors

Haishangxian Hauls In USD31 Million to Better Connect Fishermen With Distributors

The firm behind Haishangxian, a Chinese online platform connecting fisherman and seafood distributors, has closed CNY200 million (USD31 million) in…

Jun 12, 2018
Tang Shihua
Ant Financial Sees Future in Checkout-Free Convenience Stores, Makes Big Investment in Xingbianli

Ant Financial Sees Future in Checkout-Free Convenience Stores, Makes Big Investment in Xingbianli

Chinese checkout-free convenience store operator Xingbianli has completed a new round of multi-million yuan financing despite reported cost-saving measures,…

Jun 11, 2018
Le Yan
Chinese Used Car Site Eyes Five-Fold Revenue Boost After USD125 Million Funding

Chinese Used Car Site Eyes Five-Fold Revenue Boost After USD125 Million Funding

Chezhibao Information Technology, the operator of second-hand car trading platform Chezhibao.com, is aiming for a five-fold increase in revenue this…

Jun 6, 2018
Xu Wei
Startup Tigerobo to Build AI-Based Financial Search Engine With New Funds

Startup Tigerobo to Build AI-Based Financial Search Engine With New Funds

Tigerobo will use new funding totaling more than CNY100 million (USD16 million) to bolster its efforts to develop a financial information search engine based on artificial intelligence.

Jun 5, 2018
Liao Shumin
Chinese Cloud Giant BaishanCloud Secured Funding From State-Owned Friends

Chinese Cloud Giant BaishanCloud Secured Funding From State-Owned Friends

Chinese Cloud Giant BaishanCloud Secured Funding From State-Owned Friends. Chinese BaishanCloud has finished its Round C+ financing worth CNY240 million…

Jun 1, 2018
Dou Shicong
US-Based General Atlantic Funds Chinese Minimart 'Today' to Embrace New Retail

US-Based General Atlantic Funds Chinese Minimart 'Today' to Embrace New Retail

US-Based General Atlantic Funds Chinese Minimart 'Today' to Embrace New Retail. US growth equity firm General Atlantic has invested CNY300…

Jun 1, 2018
Zhou Fang
Tencent Backs New Retail Shaper NextTao in Continued Pursuit of Alibaba

Tencent Backs New Retail Shaper NextTao in Continued Pursuit of Alibaba

NextTao Information Technology, which provides data applications for the retail sector, has bagged tens of millions of dollars in B-round…

Jun 1, 2018
Tang Shihua
China's IoT Startup Youdian Technology Secures USD22 Mln in New Funding Backed by Foxconn

China's IoT Startup Youdian Technology Secures USD22 Mln in New Funding Backed by Foxconn

China's Internet of Things, IoT, startup Youdian Technology raised CNY140 million (USD22 million) in series A round of funding, which…

May 29, 2018
Dou Shicong
Chaping Returns Tencent Investment After Online Backlash

Chaping Returns Tencent Investment After Online Backlash

Chinese news blog Chaping is to return its CNY30 million (USD4.7 million) investment from Tencent Group Holding after online outcry regarding the investee’s intellectual property rights practices.

May 29, 2018
Duan Qianqian

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